singapore advisers slapped for compliance failures
The Monetary Authority of Singapore has reprimanded two companies for failing to ensure their employees met the minimum exam requirements of the Financial Advisers Act.
MAS
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mas mystery shoppers unimpressed with singapore
An undercover investigation into the standard of advice on offer among Singapores banks and insurers has found significant room for improvement, the Monetary Authority of Singapore said today.
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mas sets up rep office in beijing
The Monetary Authority of Singapore (MAS) and the Peoples Bank of China (PBC) have signed an agreement on the establishment of a representative office by MAS in Beijing.
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singapore thailand banks mutual liquidity deal
The central banks of Singapore and Thailand have signed a memorandum of understanding which will allow financial institutions in both countries to access additional liquidity.
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singapore regulator now targeting brokers
Singapores financial regulator and Central Bank has issued a consultation paper with proposals for increasing the protection of investors using unlisted margined derivatives.
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commission ban in singapore not a given says
The pending review of Singapores financial services industry may not lead to a ban on commission payments to financial advisers, according to a senior figure leading the review.
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singapore authority relaxes rules on sale
The Monetary Authority of Singapore has reduced the number of investment funds which are subject to new investor protection rules which came into force at the beginning of this year.
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regulation takes root
Helen Burggraf explores how the financial crisis has encouraged regulators around the world to re-examine consumer protection and how advisers are increasingly feeling the pressure.
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singapores fair highlights globalisation
David Bellingham, chief executive, director and responsible officer of Singapore advisory firm Professional Investment Advisory Services, is currently writing a PhD thesis on globalisation. Here, he shares his thoughts on Singapores pending review of its financial services industry
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convoys 21m acquisition of ipp falls through
A deal that would have seen one of Asias largest advisory companies, Hong Kong-based Convoy Financial Services, become even larger, has fallen through, after it failed to be completed in the time frame stipulated in the sale agreement.
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singapores life insurance assn comments on fair
The Life Insurance Association of Singapore today used the city-states main newspaper, the Straits Times, to explain its support for a pending review of Singapores financial advisory industry unveiled last month at its 50th anniversary dinner.
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mas warns again on late filing of form 25
The Monetary Authority of Singapore has reprimanded another advisory firm for repeatedly breaching its rules on the submission of Form 25.